Morrison Company had the equivalent units schedule and cost information for its Sewing Department for the month of December, as shown below. Units completed Add: Units in ending work in process Direct Materials Conversion Costs 45,000 45,000 Percentage complete: 10,000 x 100% direct materials 10,000 10,000 45% conversion materials 4,500 Eqivalent units of output 55,000 49,500 Costs: Work in process, December 1: Direct materials Conversion costs Total work in process Current costs: Direct materials Conversion costs Total current costs Required: $66,000 14,000 $80,000 $550,000 184,000 $734,000 1. Calculate the unit cost for December, using the weighted average method. Do not round interim calculations and, if required, round your answer to the nearest cent. $ per equivalent unit 2. Calculate the cost of goods transferred out, calculate the cost of EWIP, and reconcile the costs assigned with the costs to account for. Cost of goods transferred out: Units completed Cost of EWIP Total costs assigned (accounted for) Reconciliation Cost to account for: BWIP Current (December)